Definitions from the Web
Term: What country practice capitalist
Description:
This term refers to the identification of countries that adhere to the economic system of capitalism, where private individuals and businesses control the production and distribution of goods and services. In capitalist countries, resources are allocated based on supply, demand, and market forces, rather than being centrally planned by the government.
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Examples:
As a noun:
- China is a prime example of a country that practices capitalism.
- Many Western nations, such as the United States and Germany, are considered capitalist countries.
As a verb:
- Understanding how to effectively practice capitalism requires a deep understanding of market dynamics.
- Entrepreneurs strive to practice capitalism by establishing and growing their businesses.
As an adjective:
- The capitalist system has been criticized for exacerbating income inequality.
- Capitalist economies often prioritize profit maximization.
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